North America Automotive Lighting Market 2016-2022 – Growing Safety and Security Concerns while Driving at Night Drives the Market – Research and Markets
June 22, 2016 | By Business Wire News
DUBLIN
Research and Markets has announced the addition of the “North America Automotive Lighting Market (2016-2022)” report to their offering.
The North America Automotive Lighting market is segmented based on technology, application, vehicle type and sales channel type. Halogen, xenon and LED are the prominent lighting sources used in all vehicles.
Currently, halogen segment dominates the automotive lighting market; LED on the other hand is expected to register fastest growth, owing to increasing adoption of energy efficient lighting source in the vehicles. Adoption of advanced lighting sources in the passenger car segment dominated the market with maximum share in terms of revenue. Heavy truck segment on the other hand is expected to register fastest growth during the forecast period. Based on sales channel, the report segments the market into OEM and aftermarket. In 2015, OEM sales segment dominated the North America automotive lighting market, and is expected to register fastest growth during the analyzed period.
Increasing road accident at nights would further influence the automakers to adopt technologically advanced lighting source, creating wide growth opportunity for the energy efficient LED light solutions. According to association for safe international road travel, in the U.S., every year over 37,000 people die in road crashes, also approximately 2.35 million are injured or disabled. It is estimated that the number of people injured on the roads in 2014 stood at 2.34 million, compared to 2.31 million in 2013. Osram GmbH and General Electric Company are the prominent suppliers of LED headlamps and rear lights to the automotive industry in the North America Country.
The report also highlights few prominent players operating in the Automotive Lighting market. Key companies profiled in the report include Royal Philips N.V., Ichikoh Industries Ltd., Magneti Marelli S.P.A., General Electric Company, Osram Licht AG, Valeo S.A., Stanley Electric Co. Ltd., Zizala Lichtsysteme GMBH, Koito Manufacturing Co., Ltd. and Hella KGaA Hueck & Co.
Key Topics Covered:
1. Market Scope & Methodology
2. Executive Summary
3. Market Overview
4. North America Automotive Lighting Market by Technology
5. North America Automotive Lighting Market by Application
6. North America Automotive Lighting Market, by Vehicle Type
7. North America Automotive Lighting Market, by Sales Channel Type
8. Automotive Lighting Product Market by Country
9. Company Profiles
– Royal Philips N.V.
– Ichikoh Industries Ltd.
– Magneti Marelli S.P.A.
– General Electric Company
– Osram Licht AG, Valeo S.A.
– Stanley Electric Co. Ltd.
– Zizala Lichtsysteme GMBH
– Koito Manufacturing Co., Ltd.
– Hella KGaA Hueck & Co.
For more information visit http://www.researchandmarkets.com/research/t7m8qn/north_america
View source version on businesswire.com: http://www.businesswire.com/news/home/20160622005680/en/
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Sector: Automotive Body, Trim and Glass
